/macÂ·ule/ (mÄÂ´kÅ«l) a discolored spot on the skin that is not raised above the surface. (mÄkâ²yoÍolâ²) n. A discolored spot or area on the skin that is not elevated above the surface and is characteristic of certain conditions, such as smallpox, purpura, or roseola. Also called macula.
stock option(noun) the right to buy or sell a stock at a specified price within a stated period. stock option(noun) a benefit given by a company to an employee in the form of an option to buy stock in the company at a discount or at a fixed price. stock options are not much use as an incentive if the price at which they can be exercised is out of reach.
A stock option is considered âin the moneyâ when it is trading above the original strike price. Say, hypothetically, you have the option to buy 1,000 shares of your employerâs stock at $25 a share. If the stock is currently trading at $50 a share, your options would be $25 a share in the money. If you exercised them and immediately sold the shares at $50, youâd enjoy a pretax profit of $25,000.